Florida housing market increasingly "causing concern" among homebuilders
A majority of homebuilders in the Sunshine State are concerned about a market slowdown, according to a recent survey.
Florida's largest insurance company prepares for doomsday scenario
The state's insurer of last resort, Citizens, purchased $3.56 billion for reinsurance until the end of this year's hurricane season.
NATO leaders' reaction to Joe Biden calling Zelensky "Putin" goes viral
The reaction from world leaders to Biden's gaffe has been viewed nearly 1 million times.
Over 100,000 Americans have lost their homes this year
More than 170,000 housing units in the U.S. filed for foreclosure between January and June, according to a recent report.
California hit by mass layoffs
Software giant Intuit is laying off 1,800 employees, or 10 percent of its workforce, including nearly 600 workers in California.
America is on course to build more apartments than it has in 50 years
Experts expect the U.S. to complete the construction of around 600,000 new apartment units this year—a record high unseen since 1974.
Mortgage payments surge by more than 50 percent in one state
Between 2018 and 2024, mortgage rates rose by more than 50 percent in Alaska, according to a recent study.
Tiny home that can be assembled in 11 minutes goes on sale for $8,000
The price of the tiny home is 54 times lower than the average sale price of a property at the national level.
Cheese recall update as FDA sets highest risk level
A June recall of queso fresco products from Texas-based Productos La Hacienda was classified as Class I by the FDA on Tuesday.
Florida housing market stung as multiple cities see prices slashed
Eight out of 10 of the U.S. cities where sellers are taking the biggest price cuts compared to their home list price are in Florida, according to a new study.
Florida housing market warning issued by man who predicted 2008 crash
Analyst Bill McBride warned about the impact of climate change on vulnerable states like Florida.
California residents face insurance costs going up over 50%
State Farm, which insures nearly one in five homes in California, is seeking to raise its rates by an average of 30 percent.
Mortgage forecasters predict rates at end of 2024
Homebuyers can stop holding their breath for good news, as mortgage rates are unlikely to lower much by the end of the year, per predictions.
Florida insurance warning issued as fears grow of collapse
Florida State Representative Hillary Cassel said that efforts to depopulate Citizens, insurer of last resort, won't be effective.
Texas' new homes sparks backlash over size
The state known for going big is now starting to build smaller homes: some see it as the future; others refuse to shrink expectations.
California's new permanent water restriction will hit these 3 areas hardest
A new regulation will require water suppliers to cut water delivery to customers in the most parched areas of the state.
Four-day week trial hailed as success
The largest public sector trial of the four-day workweek in Britain maintained or improved employee performance in a majority of the areas monitored.
Las Vegas breaks all-time heat record
Las Vegas, Nevada, hit a a record-shattering 120 degrees around 4 p.m. local time.
Struggling renters turn to GoFundMe to avoid evictions
GoFundMe has observed a 40 percent increase in eviction fundraisers compared to pre-pandemic levels, as struggling renters seek help from strangers.
Donald Trump appointed judge resigns in Alaska, sparking speculation
U.S. District Court Judge for Alaska Joshua Kindred has resigned from his role in a sudden move that sparked a surprise on social media.
California imposes permanent water restrictions on cities and towns
The state is asking large water suppliers to cut delivery to consumers by as much as 39 percent by 2040 in an effort to become more drought-resilient.
Truck hits New York group celebrating Fourth of July
A pickup truck drove into a crowd celebrating the holiday at a Manhattan park on Thursday, killing three.
Austin homeowners "screwed" as housing market sales plunge
Sellers in Austin, Texas, cannot expect to offload their properties for as much money as they fetched during the pandemic years, as inventory grows in the city.
Housing market trouble as 582 US counties now unaffordable
Nearly 99% of counties analyzed by a real estate data firm were more unaffordable between April and June than in the previous quarter.
Florida residents rush to 'last resort' as insurance crisis deepens
Citizens is still growing its coverage despite concerns about an explosion of claims following a possible terrible hurricane season.
Housing market entering "crash stage" in multiple cities
Nick Gerli, CEO of Reventure, says that certain markets in Texas and Florida are experiencing price drops which could soon spread to the entire country.
Americans can no longer afford a summer vacation
A significant number of Americans won't be taking a summer vacation this year because they cannot afford it, a recent survey for Newsweek found.
Florida insurers "stiffing" customers as nearly half of claims unpaid
At least 30 percent of claims made in Florida with 40 insurers operating in the state were closed in 2023 without being paid out, analysis by Weiss Ratings found.
Florida housing market warning issued by one of America's biggest banks
Raymond James downgraded builder Lennar, citing its outsized overexposure in Florida, where the housing market shows signs of softening.
Texas city named most affordable in US
With its relatively low cost of living and a median household income higher than the national, McKinney is the most affordable city in the U.S.